28 Lookout Drive A, Clarington

$429,900
28 Lookout Drive A

$429,900

New
30d
Condo TownhouseStacked Townhouse

28 Lookout Drive A, Clarington

Total Monthly Obligation $2,577

Beds
1
Baths
1
Park
2
Sqft
600-699
DOM
30d
Score
18
Yield
5.4%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Townhouse
MLS® Number-E13817958
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 23, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,699 (2025)
Maintenance-$334.31/mo
Locker-None
Parking-2 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMIC REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Welcome to 28A Lookout Drive, where modern living meets the Bowmanville waterfront lifestyle. This bright and beautifully maintained 1-bedroom, 1-bathroom home offers a functional open-concept layout designed for comfortable everyday living and entertaining. The spacious kitchen features crisp white cabinetry, stainless steel appliances, ample counter space and a large centre island with seating, flowing seamlessly into the inviting living area. The generously sized bedroom offers plenty of natural light, while the bathroom and convenient ensuite laundry complete the interior. Step outside to your own patio area and enjoy the ease of low-maintenance living in a newer community just steps from Lake Ontario and scenic waterfront trails. With two parking spaces and quick access to Hwy 401, shopping, dining and everyday amenities, this is an ideal opportunity for first-time buyers, downsizers or investors looking to enjoy everything Bowmanville has to offer. Move in and enjoy the perfect blend of comfort, convenience and lakeside living.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$2,577/mo
Mortgage $1,734
Monthly Loss $2,120
Principal$456
Interest$1,278
Property Tax$308
Condo Fees$334
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
7.1%19
10-Year IRR
8.5%
Returns Index
10.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$23,004/yr
NOI
$10,593/yr
Net Cash Flow
-$851/mo
Cash Margin
-44.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
29.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 28 Lookout Drive A

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.